wanhua(SH:600309) Da Zhong Ri Bao·2025-09-04 09:41Group 1 - Wanhua Chemical (Yantai) Petrochemical Co., Ltd. has undergone a business change, with the addition of Kuwait Petroleum Industries Company (PIC) as a shareholder, increasing its registered capital from 2.979 billion yuan to 3.972 billion yuan [1][4] - The company is a wholly-owned subsidiary of Wanhua Chemical Group Co., Ltd., established in 2015, and operates within the petrochemical sector of the group [1][3] - The new shareholder, PIC, is a wholly-owned subsidiary of Kuwait Petroleum Company (KPC), which is a major global oil and energy group responsible for exploring and producing hydrocarbons in Kuwait [3][4] Group 2 - PIC has transferred 638 million USD to the Shandong Property Rights Trading Center, completing the business registration change for Wanhua Chemical (Yantai) Petrochemical Co., Ltd. [3] - Following the investment, PIC will hold a 25% stake in Wanhua Chemical (Yantai) Petrochemical Co., Ltd. [3][4] - The registered capital increase reflects a significant investment and strategic partnership between Wanhua Chemical and PIC, enhancing the company's financial capacity [1][3]